correlation breaks during crashes



in normal markets, btc leads and altcoins follow with a lag. in a crash, everything dumps together. correlation goes to 1.

the diversification you thought you had disappears when you need it most. this is why cash is a position.

holding 20-30% in stables isn't being scared. it's acknowledging that in a black swan event, most assets move the same direction.

Viktor.
#Gate13thAnniversary
BTC-0,87%
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